Search Results for: ECB
The week ahead for Pound Sterling to Euro
January 30th, 2017
Pound Sterling trades at 1.1731 at the beginning of the new week based on general static market conditions. The currency of UK generally has reported a rise for two weeks against the Euro, despite a fell back of the ...
Euro zone starts year with solid economic growth, but risks ahead
January 26th, 2017
The euro zone started 2017 by maintaining solid economic growth as a weaker currency boosted orders for goods and services, a survey showed, but rising political risks could soon take their toll. Growth in Germany’s private sector slowed slightly ...
Elliott Wave Analysis: USDJPY, German Dax and EURGBP
January 19th, 2017
Elliott Wave Analysis: USDJPY, German Dax and EURGBP ECB press conference is now live with USD running to a bullish side while EUR is making lower levels, currently near 1.0600 while DAX turns back to daily highs. We see ...
Asian shares down, dollar jumps on Yellen’s rate hike signal
January 19th, 2017
Asian shares slipped on Thursday and the dollar rebounded after Federal Reserve Chair Janet Yellen signaled that the U.S. central bank is poised to pursue a path of interest rate hikes. The dollar had been grinding lower in recent ...
Malice in Wonderland
January 15th, 2017
Malice in Wonderland Recently, I was quietly reading in my armchair, eyes closing and trying to stay awake, and the next moment I was falling down a rabbit hole. After falling into the void, I found myself outside a ...
Bundesbank announced basic rate of interest unchanged at -0.88%
December 30th, 2016
Bundesbank announcement of the basic rate of interest as of 1 January 2017: basic rate of interest unchanged at -0.88% The Deutsche Bundesbank calculates the basic rate of interest pursuant to section 247 (1) of the German Civil Code ...
Euro zone corporate lending hits highest rate since 2009
December 29th, 2016
Bank lending to euro zone companies grew at the fastest pace since the end of the global financial crisis last month as the European Central Bank tries to stimulate the economy after years of anaemic growth. The figures suggest ...
European stocks end mixed; miners gain
December 29th, 2016
European stock markets closed mixed in light post holiday trade on Wednesday, with miners pushing higher, while Italian banks led decliners on ongoing concerns about the future of Banca Monte dei Paschi di Siena. The Stoxx Europe 600 index ...
Strong franc, negative interest rates expected to stay
December 21st, 2016
The Swiss economy will continue to be plagued by an over-valued franc and negative interest rates for the whole of next year, according predictions released by Credit Suisse bank economists. The silver lining to this forecast is that Swiss ...
Dollar Extends Loss Amid Drone Concern, Oil Rises for Second Day
December 19th, 2016
China seized U.S. drone in international waters in Asia Japan shares fall for first time in three days as yen gains The dollar retreated versus most major peers, as heightened geopolitical tensions over China’s seizure of a U.S. naval ...
